You can access the financials by going to the Yahoo! Finance website, typing in the stock symbol of your organization, and then clicking on the Financials tab. After you have read the chapter, you will critically analyze the quality of the financial reporting your company provides. In other words, using the guidelines provided by Robinson, Henry, Pirie, and Broihahn (2015), you will critically review the financial statements of your company.

Review Exhibit 22: Areas Where Choices and Estimates Affect Financial Reporting. Robinson, Henry, Pirie, and Broihahn (2015) suggest that there are 11 areas on which various choices can impact financial reports:

• Revenue recognition
• Long-lived assets: Depreciation policies
• Intangibles: Capitalization policies
• Allowance for doubtful accounts/loan loss reserves
• Inventory cost methods
• Tax asset valuation accounts
• Goodwill
• Warranty reserves
• Related party transactions

Although all of the above accounting choices are important, not all companies are impacted by each of the choices.

Review Chapter 11, section 4.3: Warning Signs. There are five areas that Robinson, Henry, Pirie, and Broihahn (2015) suggest that there are potential warning signs inherent in financial reports. In particular, there are five areas to pay attention to:

• Revenue
• Signals from inventories
• Capitalization policies and deferred costs
• Relationship of cash flow and net income
• Other warning signs
• In your paper,
  • Choose five of the choices from Exhibit 22 and analyze how those choices have impacted your company.
  • Review your company’s annual report for any warning signs based on the five warning signs from section 4.3.
  • • Discuss the ramifications of this warning sign to the financial reporting quality of the company if there is a warning sign present.
    • Support your findings with support from the text if there are not any warning signs present.’
    • *** 1,000 word paper *** Everything above is just details the Company is BOEING